One friend of mine had a client who recently tried running an Airbnb in a little Craftsman duplex near North Park.

After buying this house, I partnered with others to invest in a duplex in the Wichita area.At the moment, I’m living in Tennessee, and I’m weighing two options: either selling my house and using the proceeds to buy a duplex in Overland Park or Wichita with my partners, or keeping the house for another 3 years, transferring it to our LLC, and renting out the entire property to maximize its rental potential ( $1400-$1600 ) I currently owe $200k on the property with a 6.5% interest rate, and my monthly payment is between ($1,700-$1800).

In a market like KC your $300,000 would get you a $1.2mm purcahse which would be 10-15 units depending on the class and location (could be a bit more or a bit less).

For instance, someone making $500k a year and living in a very highly appreciating market might be extremely happy on a deal that loses $200 a month but is getting 5% appreciation on a 2 million dollar property in San Diego, butut that doesn't make sense for the investor with 30k and a lower paying job.When it comes to the book series I agree with you that the order doesn't make sense (having read both).

Hello Emira, Flipping can be very lucrative and good way to invest ad get the most ROI from your investment in a short period of time.

In a few of the states there is either a form. you must sign or an application that your escrow closer must file in order to exempt from any state taxes or withholdings that might normally be collected at sale . 

If you want to invest in a self storage syndication, I recommend you consider Paul Moore with Wellings Capital.

If you’ve invested in a syndication, I’d love to hear your experiences.

You should see some of the houses I've rehabbed or walked. ya thats maybe a 5 on a scale of 6.. the really bad ones you need a resperator to go into them.. and people worry about a little dab of mold these folks live in a petri dish.

DSCR loans carry Prepayment Penalties, so unless you are comfortable staying in a 9%+ rate for 5 years, I would suggest just going with a normal 20% down DSCR.